CUBIC WINS AUSTRALIAN CONTRACT

Cubic Corp.’s transportation arm has won a three-year contract to maintain ticketing equipment and provide related services for Australian rail mass transit.

The contract in Sydney has a maximum value of $65 million and includes two one-year renewal options.

Services provided by San Diego-based Cubic include maintenance for Cubic-made ticketing equipment such as fare gates and vending machines. Cubic also will perform network monitoring and ticketing services, including cash management at rail stations.

Cubic Transportation Systems was awarded the contract by RailCorp, also known as Rail Corporation New South Wales.